Impact of the Housing Projections

The ONS published the 2016 based Household projections for England. These projections were (we thought) the final piece of the jigsaw needed to establish annual housing delivery targetsfor local authorities.

However, compared to the housing need numbers that were calculated back in 2016 when the standard methodology was first trialled (using 2014 based numbers), feeding the new household projections into the calculation results in a reduction in housing need overall with an anticipated annual supply of circa 207,000 homes with some quite significant changes at local authority level compared to the previous calculation.

Given that the Government has set a target nationally of 300,000 new home completions per annum, with the current proposed methodology showing a need falling well short of this target, there is still some work to be done on refining this standard methodology for calculating housing need.

We have crunched the numbers and have the targets on an authority by authority basis. If you want to discuss the implications for a particular authority or project please contact Andrew Jackson or your usual Boyer contact.